General Court rejects MasterCard appeal

Thursday, 24 May 2012

The General Court rejected MasterCard's appeal
The EU General Court has upheld a decision by the European Commission to force MasterCard to remove some of its interchange fees.

Pressure to settle in multi-billion dollar interchange fee class action

Tuesday, 17 January 2012

Credit card companies and banks face multi-bilion dollar private action
Credit card companies and 13 major banks cited in a class action by millions of retailers alleging antitrust violations on credit card interchange fees may feel under pressure to settle the case, according to one antitrust expert.

Setback for Italian authority as court quashes MasterCard decision

Wednesday, 20 July 2011

Credit card company MasterCard and eight banks have succeeded in their appeals against a competition authority ruling that they had inflated the cost of interchange fees.

Court suspends IAA MasterCard decision

Premium Article - Wednesday, 02 February 2011

Italy’s Administrative Court has shelved a decision by the country’s Antitrust Authority to fine MasterCard for allegedly inflating interchange fees on credit card transactions.

MasterCard victorious in landmark Italian appeal

Premium Article - Friday, 19 November 2010

Credit card company MasterCard has won an appeal against Italy’s Competition Authority, after the agency rejected the company’s proposed commitments to allay concerns that it inflated the cost of interchange fees.

MasterCard hit over interchange fees in Italy

Premium Article - Monday, 08 November 2010

MasterCard fined in Italy
Italy’s Antitrust Authority has fined credit card company MasterCard and eight banks more than €6 million for allegedly charging inflated interchange fees on credit card transactions.

Mastercard & Visa nearing DoJ settlement

Premium Article - Monday, 04 October 2010

Visa and Mastercard in settlement talks
Credit card companies Mastercard and Visa are close to agreeing a settlement with the US Department of Justice’s antitrust division over its long-running investigation of merchant surcharges, according to press reports.

Amex sued over anti-steering rules

Premium Article - Wednesday, 16 June 2010

A national retailers' association has sued US credit card company American Express, claiming the company’s rules against merchants recommending less expensive forms of payment gives it an unfair monopoly over its products.

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